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Item 5HProfessional services agreement with Intermedix June 6, 2006 Professional Services Agreement Finance staff currently spends 4 to 6 hours per month on ambulance fee collections and insurance filing with an estimated 50% collection rate; The city does not accept Medicare assignment; Professional Services Agreement Intermedix would be compensated as follows: 12% of the total amount collected on each account 13.8% of the total amount collected if payment is made by a credit card. Professional Services Agreement Approval of the agreement would require a fee amendment to increase our transport fee from $300 to $855 Current fee lowest among 12 cities Keller, Bedford, Colleyville, Euless, and Richland Hills fee currently $855 Professional Services Agreement Intermedix has indicated that collection rates in some instances exceed 65%; Initial term of agreement is for 1 year QUESTIONS?